Archive

A lender has re-entered the market for expats seeking to buy furnished holiday lets. The Marsden Building Society - which specialises in...

A new analysis of the housing market suggests approvals will rise following the first Bank of England base rate cut of...

Gifts and loans from the Bank of Mum & Dad totalled £9.4 billion in 2023, according to the latest analysis from...

April Mortgages has rolled out its range of longer-term fixed rate mortgages to all brokers at SPF Private Clients.   SPF Private Clients...

Mortgage Brain has confirmed the industry speakers and panellists for its biggest-ever Mortgage Vision roadshow. T Amongst the speakers confirmed is Robert...

The average shelf-life of a mortgage product has dropped to just 17 days, down from 30 days a month, according to...

April Mortgages has improved its capital raising criteria, to make it easier for borrowers looking to raise additional capital for gifting...

Mortgage and protection brokerage Access Financial Services has reported what it calls “exceptional growth” with turnover up 46% between April 2023...

The latest Mortgage Market Tracker report from the Intermediary Mortgage Lenders Association reveals that intermediary confidence has now recovered to its...

There’s speculation that there could be two more base rate cuts announced before the end of the year, following last week’s...

The lenders’ trade body, UK Finance, has published a report examining why some landlords are falling into mortgage arrears and why...

Price growth in high-value prime areas has been put on hold given uncertainty surrounding the General Election, according to the latest...

Mortgage Brain’s Mortgage Vision roadshow is back this autumn. The mortgage technology provider is heading to new locations with an expanded line-up...

Mortgage-backed housing sales volumes over the last three months are still some 49% below this time last year. A new analysis by...

Total mortgage lending sat at just £50.5 billion during the first quarter of 2024, the lowest level seen since interest rates...

After a brief absence for what it calls “operational reasons” the Suffolk Building Society has returned to the 95% market with...

The mortgage market is resilient enough to endure temporary political uncertainty created by next month’s General Election. That’s the view of Jonathan...

Despite a more subdued period for the mortgage market, analysis by Moneyfacts shows a handful of lenders pulled higher loan-to-value deals.   Last...

Applications from first time buyers have grown by 33% so far this year with FTBs now making up a higher proportion...

Building societies' mortgage balances grew in the six months between October 2023 and March 2024, when they had declined across the...

Interest rates for borrowers have shown mixed signs of both rises and falls over the past six months. Moneyfactscompare has analysed...

Bank of England base rate has been held at 5.25% - where it has been for nine months. The Bank’s monetary policy...

Research from independent mortgage monitor Moneyfactscompare suggests that building societies are working hard to support first-time buyers, for whom affordability has...

Just Mortgages, one of the UK’s largest mortgage brokerages, is hosting its second broker academy of the year. The programme caters to...

A new report reveals the latest trends  in UK lending and borrowing, compiled by lending software company Lenvi. The most notable trends include...

The majority of buyers and sellers in the prime housing market will not be deterred by the upcoming General Election, claims...

Monthly payments on some 123,000 home loan accounts were cut in the first eight months of the government’s Mortgage Charter.   The...

A think tank is urging the UK government to initiate mortgage market reforms to promote higher home ownership. The Social Market Foundation...

New Mortgage Lenders and Administrators statistics for Q4 2023 paint a very worrying picture of the mortgage market. That’s the view of...

The Financial Conduct Authority is working with 12 lenders and administrators to probe the interest-only mortgage market. The number of IO and...

It’s been a torrid time for rates, going back up for HSBC, Santander, TSB, Virgin Money, NatWest and many other mainstream...

The latest Mortgage Market Tracker report from the Intermediary Mortgage Lenders Association reveals that confidence has returned to the mortgage market,...

By Jonathan Samuels, chief executive of specialist property lender Octane Capital, writes: The Bank of England’s decision to hold interest rates on...

Unbiased, a platform for connecting with prospective clients, has slashed charges it imposes on mortgage advisers for a second consecutive month. Unbiased...

The number of mortgages offered to home buyers went up from 49,300 in November to 50,500 in December, against the normal...

MPowered Mortgages is changing its lending criteria for Tier 2, high-skilled foreign nationals across its range of products. It says this forms part...

The negative effects of higher mortgage rates on affordability were overestimated throughout 2023 with house prices having dropped one one to...

The UK’s residential mortgage market has started 2024 with the biggest choice of products for prospective borrowers in over 15 years. A...

The Conservatives are working on a series of schemes to help first time buyers to be unveiled at the Budget in...

Falling swap rates - already falling over the past month - have dropped further following better-than-expected inflation news, triggering speculation over...

UK Finance has published its housing and mortgage market forecasts for 2024 and 2025 together with projections for 2023 full year numbers. Key figures for 2023 In...

Mortgage rates are predicted to fall next year as lenders take advantage of cheaper funding, after figures show that average swap...

Since the peak in July, the average five year fixed mortgage rate has reduced from 6.11 to 5.07 per cent while...

With the Bank of England maintaining base rate - as expected - at 5.25 per cent, the broker community ends 2023...

More lenders have green mortgage deals on the market now compared to a year ago, according to the Mortgage Advice Bureau. Some...

Some 40 per cent of self-employed individuals think lenders need to be more understanding when it comes to those with complex...

Lenders are offering more fixed deals with incentives since the start of last month - November - but analysis by Moneyfactscompare...

Nationwide has reduced selected mortgage rates by up to 0.43 per cent across its New Business, Switcher, Additional Borrowing, Existing Customers...

New data from Legal & General - based on searches to its Ignite platform - suggests a diverse mortgage market during...

Following analysis of its 2023 buy to let mortgage market data, Twenty7tec has reported a significant fall in searches for buy...

A range informal media briefings on behalf of the UK government suggest that an extension of the current mortgage guarantee scheme...

A residential mortgage lender is using AI to help brokers attract more customers as well as engage existing customers. MPowered Mortgages says...

UK mortgage holders are repaying record amounts of mortgage debt, according to the  Equity Release Council. But the ERC claims high levels...

A new analysis of the UK’s buy to let mortgage market shows just how much it’s grown over the past decade,...

It’s now one year since former Prime Minister Liz Truss and Chancellor Kwasi Kwarteng’s ill-fated mini-budget, which acted as a catalyst...

The number of three-year fixed mortgage products available from lenders has been rising over the last few months as borrowers coming...

Data from mortgage research and sourcing platform Legal & General Ignite reveals a significant spike in searches for Interest Only products...

First Direct has crunched market data to give an insight into FTB activity over the summer just gone. There are three...

A body called the Landlord Leaders Community is pledging “to drive positive change for a sustainable and thriving private rented sector.” Set...

After six consecutive weeks of mortgage rate reductions - and the expectation of more soon - there are hopes of sub-5.0...

Belvoir - fast becoming as big a force in financial services as in property - has snapped up a regional mortgage...

A study of 7,000 people by a specialist predicts the UK specialist residential mortgage market will treble to £16 billion by...

The Howden Group, which acquired leading UK mortgage broker SPF Private Clients last year, is expanding further into the mortgage market...

Brokers are up in arms about alleged profiteering by buy to let mortgage lenders’ arrangement fees. These jumped last autumn as a...

The latest Mortgage Market Tracker from the Intermediary Mortgage Lenders Association shows surprisingly upbeat market sentiment among advisers during the second...

Finance tech company Twenty7tec has produced mortgage market statistics for July 2023 - and it’s not all bad news… July was the...

The Co-operative Bank has bagged the entire Sainsbury’s Bank mortgage portfolio of some 3,500 customers with balances of £479m.  Sainsbury’s customers are...

Bluestone Mortgages is quitting the buy to let sector and says it will focus entirely on the owner-occupied mortgage market. It has...

Metro Bank has undertaken what it calls “a major transformation of its mortgage origination platform” to streamline the process for both...

Legal & General’s new Ignite platform has seen a rise of 53 per cent in one month for broker searches for...

Saffron for Intermediaries has launched a campaign to help and support broker partners get more self-employed mortgage applications approved first time...

Companies representing some 85 per cent of all mortgage lending have signed up to a new charter.  The lenders claims they have...

Property portal OnTheMarket - the third major portal, behind clear market leaders Rightmove and Zoopla - has launched OnTheMarket Money, a...

There’s a growing optimism about the outlook for the mortgage market, according to the latest Mortgage Market Tracker report from the...

Gifts and loans from the Bank of Mum & Dad (BOMAD) totalled £8.8 billion in 2022, according to the latest analysis...

Capricorn Financial Consultancy has released its market expectations for 2023, predicting that the UK mortgage market will have to acclimatise to...

Technology firm, OneDome, has bought CMME Mortgage and Protection for an undisclosed sum. Describing itself as the world’s first eHomebuying platform, OneDome...

A new mortgage market analysis by Octane Capital claims that the number of mortgage products available have dropped 41%, compared to...

The FinTech mortgage lender using AI to simplify the mortgage journey for homebuyers and re-mortgagers, MPowered Mortgages, has recently expanded its...

End-to-end mortgage platform, Smartr365, reveals that the majority of brokers believe tech to be fundamental to the future of the mortgage industry. Smartr365's...

As governmental changes sweep through the nation, countless elements within the property sector have been affected, including mortgages. Market analysis by specialist...

We don’t like being the bearer of bad news, but a market analysis carried out by mortgage broker, Henry Dannell, reveals...

More2life announced that a sixth product will be added to its innovative range of services. The new product goes by the name...

Recently, MPowered Mortgages, the fintech mortgage lender using AI to enhance the mortgage journey for homebuyers and re-mortgages, announced it has...

There has been some significant developments internally for Moneyfacts Analyser, the UK’s leading online residential mortgage analysis system. The recent update has...

A recent change in mortgage rules that required lenders to check whether homeowners could afford repayments at higher interest rates has...

Last week (June 16), the Bank of England increased the base rate by 0.25%, up from 1.00% to 1.25%. In response, Moneyfacts.co.uk...

The Prime Minister used a housing speech in Blackpool yesterday to outline plans for a wide-ranging review of the mortgage market and housing...

The UK is leading the way when it comes to the might of the mortgage sector and the number of properties...

This week’s roundup takes a look at the latest in the mortgage market, from L&G’s latest addition to its lender panel...

As far as the UK Government is concerned, the threat from COVID is over. In its wake, a new battle, the...

New research from The Mortgage Lender (TML) reveals that 34% of UK adults planning to buy a home in the next...

This week’s mortgage roundup is a range of reduced rates and new products across the mortgage market, with Furness Building Society’s...

A webinar poll conducted by Countrywide Surveying Services (CSS) has highlighted that four out of five consumers still confuse a mortgage...

Hometrack, the leading provider of insight and intelligence to the UK mortgage market, has launched a Broker AVM, building on its 20-year...

Hometrack, the leading provider of insight, intelligence and decision automation to the UK mortgage market, has launched a brand new vision...

There has been an increase in demand for financing to fund home refurbishment projects over the past six months. That is according...

A new membership-based community has launched for marketing professionals in the mortgage sector. The Mortgage Marketing Forum promises to provide knowledge, support...

Broker optimism has increased since the beginning of 2021, according to a recent survey from savings accounts, bridging loans, development finance,...

Roma Finance has launched new bridging and development ranges with improved rates and enhanced criteria. The new bridging range, called RomaPrime, is...